By Ray Downs March 13, 2014

In the summer of 2010, Fredrick Douglas Scott stood on the greens at Glen Echo, a private country club in north St. Louis County, wearing an expensive golf shirt and sporting a set of $1,200 Callaway Diablo clubs. Despite being just 26 years old, Scott fashioned himself a member of the financial elite — the kind of guy who takes a break from killing it in the stock market to kill it on the fairways. Then... More >>>

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East St. Louis mayor Alvin Parks admits taking a chance on Scott but says it cost the city nothing.